Boyd Group Services (OTCMKTS:BYDGF) Stock Price Up 0.8% - What's Next?

Boyd Group Services Inc. (OTCMKTS:BYDGF - Get Free Report)'s share price rose 0.8% during mid-day trading on Wednesday . The company traded as high as $154.50 and last traded at $154.50. Approximately 576 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 2,450 shares. The stock had previously closed at $153.32.

Analysts Set New Price Targets

BYDGF has been the topic of a number of recent analyst reports. Royal Bank Of Canada reissued an "outperform" rating on shares of Boyd Group Services in a report on Thursday, May 15th. Stephens initiated coverage on shares of Boyd Group Services in a research report on Tuesday, June 10th. They issued an "overweight" rating for the company. BMO Capital Markets reaffirmed an "outperform" rating on shares of Boyd Group Services in a research report on Thursday, March 20th. Finally, The Goldman Sachs Group raised shares of Boyd Group Services from a "strong sell" rating to a "hold" rating in a research report on Tuesday, June 3rd. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy".

Boyd Group Services Price Performance

The business's 50 day moving average price is $148.96 and its 200 day moving average price is $152.76. The stock has a market capitalization of $3.32 billion, a P/E ratio of 249.19 and a beta of 0.71. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.59 and a quick ratio of 0.44.

Boyd Group Services (OTCMKTS:BYDGF - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.04). The business had revenue of $778.32 million for the quarter, compared to the consensus estimate of $822.70 million. Boyd Group Services had a net margin of 0.44% and a return on equity of 2.83%.

Boyd Group Services Company Profile

Boyd Group Services Inc, together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive names in Canada; and Gerber Collision & Glass name in the United States. It also operates as a retail auto glass operator under the Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com names in the United States.

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